Market Research Report
Europe Forklift Truck Market Forecast 2018-2026
|Published by||Inkwood Research||Product code||664789|
|Published||Content info||82 Pages
Delivery time: 2-3 business days
|Europe Forklift Truck Market Forecast 2018-2026|
|Published: July 20, 2018||Content info: 82 Pages||
The Europe forklift truck market is forecasted to prosper over the projected years of 2018-2026 by registering a CAGR of 3.16%. The market segmentation has been done on the basis of class, end-user, product type and power source.
The forklifts act as a critical element in warehouses, construction sites, and dockyards, where they are used for lifting or transporting heavy materials. In Europe, factors such as the favourable government regulations promoting manufacturing and growth in the construction industry are expected to augment the growth of the forklift truck market in the region during the forecast period. The UK market is expected to register a high CAGR over the forecast period. As per the British Port Association (BPA), the United Kingdom's port are at the center of a new government program, under which the government has planned to invest considerable funds between 2018-2022 in enhancing the seaport infrastructure and upgrade 18 ports in Great Britain (United Kingdom). The other markets analyzed in this report include Germany, France, Spain and the rest of Europe.
Leading players like Hyster-Yale Materials Handling Inc, Kion Group Ag, Hangcha Group Co Ltd, Toyota Industries Corporation, Anhui Heli Co Ltd, Komatsu Ltd, Crown Equipment Corporation, Mitsubishi Logisnext Co Ltd, Clark Material Handling Company, Ep Equipment Co Ltd, Godrej & Boyce Manufacturing Company Limited, Lonking Holdings Limited and Doosan Corporation Industrial Vehicle are engaged in the forklift trucks market.